Toronto’s housing prices will continue to decline, but at a slower pace, new report predicts. Will Toronto house prices ever drop? A report released today by Royal LePage showed GTA housing prices up 2.1 per cent year-over-year to $1.09 million in the third quarter of 2022. However, that number is expected to drop to $1.08 […]
Category: Toronto
Why Is Cost Of Living In Toronto So High?
The supply of rental inventory in the city is very low, with less than 1% vacancy across much of the GTA. At the same time, the demand for homes is only increasing with the return of many post-secondary students, immigrants, and those wishing to live close to their jobs. Does Toronto have a high cost […]
Is Rent In Toronto High?
The average rent for a two bedroom condo in the city was up 14.5 per cent annually in Q3 to $3,184. As with one bedrooms, the price surpasses the previous peak of $2,979 set in Q2 2022. How expensive is it to rent in Toronto? “Toronto has experienced the strongest annual growth in rents over […]
Is Toronto Good For Immigrants?
Yes! Toronto is an ideal landing place for newcomers. It is the most culturally diverse city with a built-in support system for new immigrants. You will have access to resources, local ethnic communities, and services to ease your transition to Canada. Is Toronto friendly to immigrants? Toronto: Toronto is the capital city of Ontario and […]
How Much Money Does A Family Of 4 Need To Live Comfortably In Toronto?
Family of four estimated monthly costs are 3,673$ (4,990C$) without rent. A single person estimated monthly costs are 1,007$ (1,367C$) without rent. What is a good salary in Canada for a family of 4? The average family salary in Canada is $48,698 per year or $24.97 per hour. Entry-level positions start at $31,200 per year, […]
What’S The Best Affordable Place To Live Near Toronto?
If you’re looking to live a little closer to Toronto’s core, Oshawa and Orangeville both offer better connectivity to the rest of the GTA, with detached homes still coming in at an average price of less than a million. Where is the most affordable place to live in Toronto? Located in the northwestern part of […]
Do Most People In Toronto Have A Car?
According to the Transportation Tomorrow Survey, released earlier this year based on 2016 data, 28 per cent of households in Toronto do not have a vehicle. In downtown wards, as many as 55 per cent of households don’t own a vehicle. Do you really need a car in Toronto? You do not need a car […]
What Is The Most Common Car In Toronto?
1st place: Ford F-Series – 116,401 sold *Vehicle sales based on manufacturer-supplied information between January 1 and December 31, 2021. What is the most common car in Ontario? Listed: The most popular vehicles in Canada Passenger Cars % gain/loss 1 Honda Civic -4.2 2 Hyundai Elantra 30.1 3 Mazda3 -22.0 4 Toyota Corolla -5.2 What […]
How Much Money Do You Need To Live Alone In Toronto?
A person living alone in Toronto spends an estimated $1,323.88 per month, not including rent. That’s based on 5,299 entries from over 960 contributors over the past 12 months. Here are some of the cost breakdowns by Numbeo for the average person in Toronto: Rent (one-bedroom): $2,161.53 per month. How much money does a single […]
Is Toronto The Most Unaffordable City?
What is the most unaffordable city in Canada?The data is in US dollars. When considering the cost of living in relation to salary, Mississauga was deemed the most unaffordable city in Canada, and the second-most expensive metropolis in both Canada and the US.